Finances

The land and buildings occupied by the school are registered in the name of the “Bishop of Natal’s Fulton Trust”. They are unencumbered and Fulton School for the Deaf has the right to use them for its educational purposes in perpetuity at no cost.

The KwaZulu-Natal Education Department makes a substantial annual contribution to the School, paying the salaries of some staff and providing a lump sum grant to assist with operating costs.

However, this is insufficient to deliver the quality education which Fulton School for the Deaf is committed to provide.

Consequently, the school charges school and boarding fees to the families of scholars and also relies on fundraising to provide for the cost of additional teachers and carers and to meet the cost of necessary teaching equipment and materials.

Although school and boarding fees are charged to the families of scholars, the large majority of families are in poor or indigent circumstances and cannot afford the fees charged.

The school’s auditors are Mazars Inc and its bankers are First National Bank Limited.

 

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